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's no progress to report. when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> welcome back to "hardball." that was speaker boehner's downbeat assessment of fiscal negotiations. he went on putting blame squarely on the president. let's listen. >> this president has adopted of a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. it's time for the president, if he's serious, to come back to us with a counteroffer. >> shortly after house ni mort leader nancy pelosi put the plame back on republicans. let's listen. >> the only obstacle standing in the way of middle income tax relief are the republicans unwillingness to ask the top 2% to pay their fair share. this is a moment of truth. the clock is ticking. christmas is coming, the goose is getting fat, but in many homes across america it's very -- a very, very lean time. >> and today's jobs report showing 146,000 jobs added in november and unemployment dipping to 7.7% may give the president some leverage in negotiations with boehner. but wh
our economy right to the edge of the fiscal cliff. it's time for the president, if he's serious, to come back to us with a counteroffer. >> shortly after, house minority leader nancy pelosi put the blame back on republicans. let's listen. >> the only obstacle standing in the way of middle income tax relief are the republicans' unwillingness to ask the top 2% to pay their fair share. this is a moment of truth. the clock is ticking. christmas is coming, the goose is getting fat, but in many homes across america it's very -- a very, very lean time. >> and today's jobs report showing 146,000 jobs added in november and unemployment dipping to 7.7% may give the president some leverage in negotiations with boehner. but while the president and speaker boehner are both negotiating for a win, what is a win for each of them? what adds up to this complexity of getting a deal done? chrystia freeland is author of "plutocrats." cynthia tucker is a visiting professor of journalism from the university of georgia. thank you for joining us tonight. let's see if we can define it. it's a game, and i
for 20% of the global economy so no surprise the world the watching that fiscal cliff. as head of the international monetary fund, christine lagarde says u.s. leaders need to reach a deal and soon before that uncertainty damages the global economy. i spoke with her earlier. let me start out because we have new unemployment figures this week which shows that unemployment has dropped to 7.7, lowest in four years, new jobs numbers, 176,000 new jobs created. translate for me into what it means for the u.s. economy. describe the u.s. economy through those figures. >> u.s. economy is creating jobs. right? which means that it's doing a bit better and some people have decided that they were going to open new positions, which is a sign of trust in the economy. in addition to that, you have got a housing sector, which has begun to pick up, at least it's bottoming out now. you've got households that have reduced their debt in general, so you have quite a few signs that the situation is beginning to improve from, you know, five years of crisis, essentially. yet not all numbers are good. if
think is the biggest threat from the outside to the u.s. economy? >> the fiscal cliff. first of all i think there are issues that are beginning to improve and, you know, whether you look at the euro zone which is making progress, gradually, laboriously and certainly improving and with good numbers because if you look at thinge ia because if you look at thinge a greg gat euro zone debt, and you have political stability back now that the new team is in place so the volatility and the instability factors that are outside have reduced. the real threat that we have at the moment is really here with us and that can be addressed. >> but when you look at, i mean i understood that the european banks had sort of downsized or downgraded what they thought would be growth. you've got more than 11% unemployment in the euro zone, which is a good deal higher than here. >> yeah yeah. >> are those things threats to the u.s. economy or do you think the u.s. economy now is destabilizing or has the potential to destabilize the world economy? >> i think the u.s. economy, because it's a relatively closed e
be wise to look beyond the fiscal cliff because all the fears it's tomorrow doing the economy are misplaced. >> most economists have said if we go into 2013 without a deal we'll go into recession. >> we might have into 2013 for three days or knife days or a week before there's a deal. that's about it. the pressure from financial markets will be too great so the scenario that you just referred to to, we go over the cliff, had and the economy sinks. i want to emphasize that cannot happen. >> let me move on to another topic. timothy geithner has said he's not returning for another four years. your name has been mentioned as a replacement. >> of course they are not going to make any changes during that team during the pennedsy of all of this. the president has lots of good choices for whatever comes next. i very much doubt that i'll be part of that but they are in good shape and they don't have anything to do about this. do youly jack lew would be a good treasury secretary. fiscal issues will continue to be and the for foernt even after after agreement on the cliff and the preside
the fiscal cliff, that the economy will see a contraction of a couple of percentage points. where are you on earnings for 2013, what are your expectations? >> maria, look at the s&p numbers, looking for a slow single digit percentage gains. for this period of the fourth quarter looking for gains in telecommunications and financials. i think the critical part, investors ought to be very keen just to weigh in the risk, you know, and the fact they had a very rewarding year in 2012, we were up about 12% on the s&p 500. earnings will be very much held captive by the fact that the uncertainty not only about the fiscal cliff but debt ceiling. >> very quickly, john, we're lose altitude in this market rapidly. what do you make of this, and what are you expecting to close here? >> just shows you how fragile our markets r.one comment out of washington can take profits off the table intraday. we'll hold on to our gains here. >> thanks, everybody. we appreciate it. where exactly do we stand in these fiscal cliff negotiations in the latest now from our john harwood, on your stomping ground. good to see
to report. when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. >> the house speaker had nothing of substance to say about this week's phone conversation with the president. >> the phone call was pleasant, but was just more of the same. the conversations that the staff had yesterday, just more of the same. it's time for the president if he's serious to come back to us with a counteroffer. >> boehner says the president is not being a helpful negotiator, even though the president apparently designed the negotiating sessions at boehner's request. according to "the new york times," boehner insisted the talks include only himself and the president of the united states. boehner wanted senate democrats and nancy pelosi out of the discussions. democratic senator dick durbin told the times this is now the speaker and the president working this through. democratic leaders say they are satisfied with the briefings that they continue to receive. nancy pelosi seems perfectly happy putting pressure on the republicans. >> why are w
, what happens to the global economy if the u.s. goes over the fiscal cliff? >> markets i think would react very quickly. four sixteen seventy six a month! okay, come with me -- we're gonna save you money. with straight talk at walmart, you get unlimited talk, text and data for only $45 a month per phone. would we get the same coverage? same coverage on america's best networks. you saved $146.76 by switching to straight talk. awesome! now you can afford to share your allowance with me. get the season's hottest smartphones like the samsung galaxy s2 and get straight talk with unlimited data for just $45 a month -- from america's gift headquarters. walmart. ♪ at chevy's year-end event, we have 11 vehicles that offer an epa-estimated 30 mpg highway or better. yeah? hey. hey. where's your suit? oh, it's casual friday. oh. [ male announcer ] chevy's giving more. this holiday season, get a 2013 malibu ls for around $199 per month, or get $1,000 holiday bonus cash. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup c
was an empty letter. >> when it comes to fiscal cliff that's threat nick our economy and threatening jobs, the white house has wasted another week. >> tax cuts is what caused the fall of the united states from super power status. >> this president just won a big election and you would think that he would want to lead. >> we've had the election. the president was clear in the campaign that he was advocating and fighting for the middle income tax cuts. >> tax cuts. the whole premise of tax cuts is going to be blamed for all of this economic mess. >> this is a moment of truth. the clock is ticking, christmas it coming, the goose is getting fat. in many homes across america, it's a very, very lean time. >> the reports indicate that the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. >> greta: with us is co-host of the five, greg gutfeld. he has a new book out, the joy of hate. he's been on a road trip having a book tour, so he has been talking to lots of people and they have been talking to him. so we want to know. are americans frus
in sight for the fiscal cliff hanger. >> when it comes to the fiscal cliff threatening our economy and jobs the white house has wasted another wee>> why speaker says the president's my way or the highway approach is getting us nowhere. >> the feds are borrowing nearly a billion dollars a day. so why is the white house saying reducing our debt not really the goal? >> thank you, eric, it's the most watched video on the internet of all time. he is set to perform for the president. gangnam style said about our soldiers a few years ago. that controversy kicking up this morning. "fox & friends" hour one begins right now. >> get out the coffee. wake up, everyone, thank you so much for waking up with tus, it is "fox & friends" on this saturday morning. dave bowling in for dave briggs. >> come in and do the show with us today. more filling in today than the regulars. we are glad to be on with you clayton. >> you are on an interesting morning because congress now just 23 days left, 23 days until we head off that flif. fiscal cliff. if you listened to speaker boehner yesterday he is reading reports th
. but democratic leader nancy pelosi says the problem goes beyond the fiscal cliff debate. >> our economy is moving forward, but it could be growing at a faster rate. the republican leadership had taken up and passed some of president obama's job initiatives including the american jobs act and had passed the middle income tax cut. >> so let's cut to the chase. one of those congressional members is lying. either the republicans are right on cutting taxes on small business also add jobs, or the president's stimulus policies are fuelling the economic recovery in this country. joining me tonight to sort out the facts, david cay johnston, pulitzer prize winning journalist and author of "the fine print. let's start with the job growth. unemployment hit rock bottom near the beginning of the -- under the bush administration. you can see this right here. and this of course the changing the color here is when president obama took over in january of '09. who is responsible for this turnaround? >> absolutely the president. and it would be a better turnaround if the republicans had allowed a bigger stimulus. we
has already been pointed out. we need to spur this economy and of the fiscal cliff developed and small-businesses our hits we have to have growth somewhere and that could be a way of doing it. >> who of wants to pick this up do we go over the fiscal cliff? >> yes. probably. 55% to 60% and early january they strike some kind of deal that allows the administration to say there decreasing taxes from what they went to in january 1st. i say 60% we are going over the cliff. dave: we are playing with fire if that happens. a lot of people say even if it is temporary it might push us into recession. quickly, you think that is possible that we will? >> certainly possible. interesting the consensus have gone from 50% to 60%. a month or two ago we were not going to go over the cliff. i agree that is completely flipped on its head and the only president in recent memory who headed debt ceiling in summer of 2011, all through july everyone was confident we were going to get a deal and we saw what happened. a little bit of cash on the sidelines to reload the. of the goal of the cliff, is not a bad thi
strategy to a slow walk our economy right to the edge of the fiscal cliff. gerri: earlier i asked republican senator richard shelby of alabama for his take on the comments from boehner. >> i believe that speaker boehner is on the right track. the president has not come uptown now, been deeply involved, that we know about , in any of these offers are counteroffers. dealers said he has been campaigning to meet. but he has to get involved if he wants to avoid the fiscal cliff. i think that the speaker has indicated that he will try to engage in, try to meet him and try to avoid the fiscal cleft that the presiient is going to continue to say it is my way or the highway, that is another game. gerri: it is. harry reid today saying that the game is at chess game, and the republicans are the jets. here is harry reid. >> he has a problem. he has three quarterbacks. he cannot decide who the quarterback is going to be. that is the same problem republicans are having. romney is gone, but he is still in the background. we have mcconnell and boehner. who is the quarterback, mr. president? gerri
on the forefront of the president's mind today -- the u.s. economy and that pending fiscal cliff. are we going to go over the fiscal cliff? >> you know, i remain optimistic that there are enough people of good will in this town that recognize our economy will be much better off, american families will be much better off, if we get this done. the most important thing we can do is make sure the middle class taxes do not go up january 1st and i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> reporter: prediction. are you going to be able to raise taxes? yes or no? >> oh, taxes are going to go up one way or the other. >> reporter: oh, they are? >> and i think the key is to make sure the taxes go up on high end individuals like you and me, barbara. we can afford it. it is entirely possible for us to come up with a deal. but time is running short. >> reporter: the president sounded optimistic about avoiding the fiscal cliff. he said, of his meeting with speaker boehner, "i think the tone was good. i believe both
-walks this process, the closer our economy gets to the fiscal cliff." "we have been calling on the speaker to bring forth a middle-income tax cut now for a very long time - in fact, since last summer when it passed the united states senate." here's a side-by-side check of where they stand: the president's plan calls for a raising $1.6 trillion in revenue by boosting tax rates on the incomes above $200,000 for individuals and $250,000 for couples. president obama also recommends $400 billion in spending cuts. representative boehner's calls for $800 billion in new revenue, $600 billion in savings from medicare and medicaid, and $300 billion from other domestic programs. in a big slip for small business, confidence took a tumble in november. the national federation of independent business says its confidence index of small biz owners dropped 5.6 points last month - that's one of the largest drops the study has ever shown. the group says the fiscal fiasco in washington, along with the upcoming healthcare overhaul, is shattering optimism within the sector. however, it's not all doom and gloom. some busi
a deliberate strategy to a slow walk our economy right to the edge of the fiscal cliff. are you emotionally moved? do you think the nation is galvanized? >> i don't know if the nation is galvanized in the but i will be honest to my nervous about this. i view the clippers a genuine economic threat and a recipe for recession. we heard the secretary of treasury said earlier this week that he was prepared to go over the cliff, which i found shocking as the top economic official in an administration. if that is the strategy, it is a very, very dangerous one. lou: it is clear, the speaker made a clear, he believes that is precisely what the president wants to do and will do. as you say, it is stunning to watch the principal economic financial figures in the obama administration be leading a political negotiation rather than, if you will, minding over an economy filled with 23 million people unemployed all sorts of challenges at every corner from and he is now politician. it is stunning. i want to get your comments, if i made, on something that nancy pelosi said today, which reported at the top of
the president is slow walking our economy to the fiscal cliff. former reagan white house counsel, financial crisis inquiry commission member peter wallace will join me here in just moments. let's take a look at tonight's "moneyline." the dow and s&p managing gains. the nasdaq weighed down by another bad day for apple and its investors. the dow up 81 points. s&p up four, the nasdaq fell leaven. just over 3 billion shares traded on the big board today. the dow up 1%, s&p slightly higher making three straight weeks of wins. the nasdaq down 1% for its first losing week of the past three. apple investors are having a rough time wih the dow down. the stock down 9 percent this week. but even with that selling, the stock remains up 30% year-to-date. wall street analysts say much of the selling can be explained by investors looking to avoid possibly having to pay gains on the sale of that stock at a higher rate next year. others simply taking profits. financial stocks strong. today j.p. morgan chase led the weight. news that it is expanding the numbers of its branch offices. research shows consumers
chairman and cleveland cabs owner dan gilbert, the economy, investing and the fiscal cliff when "squawk box" returns. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- "i'm done. i'm out of here." you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ ♪ the latest coffee machine from nespresso. modular. intuitive. combines espresso and fresh milk. the new u. nespresso. what else? available at these fine retailers. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. [ male announcer ] bre
. the -- the economy is going into recession in new year. lou: do you believe there is no way to avoid the fiscal cliff.
cycle. watch this whole fiscal cliff dial backfire. the -- the economy is going into recession in new year. lou: do you believe there is no way to avoid the fiscal cliff.
in the fiscal cliff issue. everybody is obsessed what happens because we're the biggest economy and what we do will affect everybody. everybody including sovereign well funds want to know what has happened. >> what do you tell them? >> i tell them it's unlikely a deal won't be reached. i don't know whether it's december 23 or 24 or 28. very unlikely a deal won't be reached. >> what about post january 1st? >> we're talking about a deal nine months of this fiscal year, we have nine months left of it. we're talking a down payment and have the next nine months and talking about a down payment to make it go away in terms of fiscal cliff for january 1 and still have a lot next year. >> you're as close to wall street guy washington insider, that's what carlyle is, what have you seen behind the scenes or conversations that has made you this optimistic? >> i talked to people in congress and people involved in negotiations and my belief is they know a deal has to be done and each side wants to posture themselves not to give away the things they shouldn't give away. i'm pretty sure they know a deal has t
it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> reporter: vice president biden was confident that this deal will get done because he's optimistic genetically. says if everyone can act like adults and can reach an agreement, the up side will be much greater than the down side. >> any indication when there might be a presidential meeting with the speaker? >> reporter: we don't know at all. there has been one phone call this week. white house aides saying so far they're not making announcements about meetings or phone calls. >> they need to meet to resolve this. maybe their teams and staffers could do some advance work but the clock is ticking. dan lothian, thank you. >>> president obama's top campaign strategist is here in a few minutes. david axelrod did something today he hasn't done in decades. look at that, before and after. he's ready to challenge a member of cnn's political team to do the same thing. stand by. >>> and take a look at this. we're going to tell you why the driver says she didn't stop outsid
. the other issue on the forefront on the president's mind, the u.s. economy and that pending fiscal cliff. are we going to go over the fiscal cliff? >> you know, i remain optimistic that there are enough people of good will in this town that recognize our economy will be much better off, american families will be much better off if we get this done. the most important thing we can do is make sure middle class taxes don't go up on january 1. and i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> prediction, are you going to be able to raise taxes, yes or no? >> taxes are going to go up one way or another. and i think the key is to make sure that taxes go up on the high end individuals like you and me, barbara. we can afford it. it is entirely possible for us to come up with a deal, but time is running short. >> how about this analysis. the obama administration wants to send a clear message that while it supports syria's coalition opposition, to lead syria's democratic transition when the assad regime fa
automatic tax increases and spending cuts will send the economy over the fiscal cliff, and around the capitol there's largely the sound of silence as the white house and congress try to work out a deal behind closed doors. the president has no public events on his schedule. and all through the house, not a creature was stirring except, that is, for john boehner, who emerged to gavel the house into session this afternoon after a week's recess with his trademark holiday cheer. >> washington has a spending problem. now, the president doesn't agree with our approach. he's got an obligation to put forward a plan that can pass both chambers of the congress because right now the american people have to be scratching their heads and wondering when is the president going to get serious? >> i'm sorry, i meant his trademark ba ham bug which he's been doling out by the sleigh load. >> there's a stalemate. let's not kid ourselves. we have a debt problem that is out of control. we've got to cut spending. washington has got a spending problem. just more of the same. >> more of the same indeed. a
slow- walks this process, the closer our economy gets to the fiscal cliff. >> reporter: behind the scenes, progress is being made, but democrats are still arguing they've given ground in previous budget battles. that's one reason they are holding firm on higher taxes now. >> $1.6 trillion in cuts. "where are the cuts?" they are in bills that you, mr. speaker, he voted for. >> reporter: and there were new calls for more tax revenue today. warren buffett, vanguard founder john bogle, and financier george soros were among the famous names to call for a tougher estate tax. their proposal would exempt couples with up to $4 million in assets from the estate tax. above that level, estates would pay a 45% tax rate, rising to 50% or more on very large estates. supporters say that would both bring in badly needed revenue and help protect our democracy. >> it works to reduce concentrations of economic and poticapoweacro generations, and those concentrations are antithetical to the basic premise, if you will, of the founding of our republic, which was that it was a land of opportunity. and
. >> this is in the progress report because thereis no progress to report. when it comes to the fiscal cliff that is turning our economy and jobs, the white hhuse is wasted another week. gerri: what do y say? we wasted another week. we seem to be getting nowhere, and now folks are saying the president is trying to entice us of the fiscal cliff. >> look, i think they're actuly some pretty strong incentives for the president to take the country over the fiscal cliff. if you lo at what the president's stance to gain if the country goes over the fiscal cliff, here are very clear and identifiable things. on the one hand the president could idenfy himself as a tax cutter. he could say -- on january 1st the president in terms of the country and say, now in favor of cutting these taxes that have been raised because we did not solve this before the fiscal cliff. he can turn and say to my want to restore some of this funding that my secretary ofefense and joint chiefs of staff told me i need to restore and can position himself as sort of the protector of u.s. national security. so there are som clear incentives to th
cuts? the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. >> so obviously, republicans are trying to change the conversation from taxes to cuts. what do they want? >> well, they want entitlement reform and what we've seen is that the white house has moved a little bit. the president seems to be open to some form of entitlement reform, maybe not what john boehner wants, but they have said in the last couple of days that they will do corporate tax reform. so we are seeing some movement from the white house, but nothing yet from the house republicans. >> all right. john boehner just came to the microphone. he's just met with his caucus. let's see if he has anything new. >> -- the president's plan to avert the fiscal cliff still does not meet the two standards that i laid out the day after the election. his plan does not fulfill his promise to bring a balanced approach to solving this problem. it's mainly tax hikes. and his plan does not begin to solve our debt crisis. it actually increases spending. our plan meets these standards. it cut
. the longer the white house slow walks this discussion, the closer our economy gets to the fiscal cliff, and the more american jobs are placed in jeopardy. >> good morning. the president has said on a daily basis that we should be passing a balanced plan. but what we hear from the president is continuing only discussion on one side of the ledger. it has always been about tax rate increases, and nothing about spending. and we insist, say, look, mr. president, let's talk about a balanced plan, but where are your specifics on the spending cuts? even his own advisers say that any kind of agreement that we come to has to deal with the prime drivers of our deficit, which is the spending, particularly the health care entitlement programs. so we ask the president to please sit down with us and be specific and let's get that balanced plan. you know, it's interesting that the senate has passed a bill that is a bill calling for increased revenues of $850 billion. the president continues to say, support that bill, pass that bill. well, how is that the case when he continues to say we also need $1.4
the fiscal cliff, if we have reasonable resolution type of programs that the president has been proposing to support the economy in the short run, get us on a sustainable fiscal path in the long run, protect the middle class we're going to see progress in this economy. >> the risk the president wants us to take increasing tax rates will hit many small businesses that produce 60 to 70% of the new jobs in our country. that's the whole issue here. >> on the fiscal cliff front, no new deals or concessions made public, but "the new york times" reports the dynamic has changed. at the request of speaker boehner, senate leaders and nancy pelosi have been dismissed from the negotiating table. leaving just the speaker and the president to hammer this one out. today vice president biden is hosting middle-class families at the white house, continuing to pressure congress to strike a deal on tax rates below 250,000. yesterday, the president struck a hopeful note with a middle-income family in virginia, while maintaining a hardline on negotiations. >> the message that i think we all want to send to mem
think. first, forget the fiscal cliff, because the economy is coming back. americans are feeling more optimistic about 2013 and if we play our cards right, we're going to see a new economic renaissance. td ameritrade recently surveyed folks on their outlook for the new year. 43% say they're downright optimistic about the economy and believe we're headed for a rebound. 45% are feeling good about their own finances, but we already know that things are starting to get better. look, we're adding jobs every month, consumer debt continues to shrink. stock markets are up. longer term, though. america will reap the rewards of its domestic energy boom and more oil and gas gets extracted. the drop in the price of natural gas is already helping utilities and factories compete. that's creating more american jobs. and there is more. housing will be the golden lining to the economic cloud that is hanging over this country. mortgage rates are at historic low and should stay that way for the next two years but home prices have seen their bottom and are heading back up. when they do, confidence goes u
the board spending cuts. here with the very latest on the fiscal cliff showdown and america's fragile economy is the former new york city mayor rudy giuliani. how are you? >> how are you, sean? good to see you. >> sean: i just like to learn from people that have done successful things, you took how many people off of welfare when you were mayor? >> 600,000. >> what was the deficit when you became mayor? >> $2.3 billion. >> sean: and the debt? >> staggering. >> 600,000 off welfare, and -- >> we did it by my taking a report that asked me to raise taxes and throw in the garbage. the report said you have to raise taxes across the board. said nothing about reducing spending. i said to myself -- i wasn't an economic expert then. i became one after being mayor of new york. i said this doesn't make sense. if i raise taxes now, i have to do it again in two years, then four years, because i'm losing the tax base. people will leave. i'll try something different. i'll try to lower taxes, lower spending. i can't lower taxes too much at the beginning, but just a little bit, lower spending. i lowere
, the economy and the looming fiscal cliff. jpmorgan chairman ceo jamie dimon. carlyle group cofounder david rubenstein and a lot more. and it all starts tomorrow at 6:00 a.m. eastern on "squawk box." [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> welcome back to squawk. happy monday. today in the "wall street journal" suggesting netflix could end up doomed with its success with children. netflix just for kids get more popular. companies like viacom get accurate. companies provide netflix with most of its content in a kids' focused section. the journal says at some point the suppliers will probably want to charge netflix more
to the fiscal cliff. >> president obama responded, showing republicans where they could find the details. >> it's not a mystery. we've seen this before. this is the document that contains the specific spending cuts. the speaker of the house sent us a proposal that was two pages long that included one sentence on revenue. the proposal here includes, i believe from pages 17 to 45, details on proposed spending cuts by the president, pages 17 to 45. i recommend them to you. >> so, at this point, a deal before christmas looking unlikely. as senate majority leader harry reid admitted yesterday. but in an interview with barbara walters, president obama predicted that republicans would eventually give in on taxes. >> the most important thing we can do is make sure the middle class taxes do not go up on january 1st, and i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high-income individuals. >> prediction. are you going to be able to raise taxes, yes or no? >> oh, taxes are going to go up one way or another. >> oh, they are? >> and i think t
Search Results 0 to 49 of about 173 (some duplicates have been removed)